Category
Category: Pension news
What’s happening across UK public sector pensions: legislation, regulator actions, scheme administration, and policy developments. Apolitical, factual, with sources.
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Is the LGPS in surplus? What 122% funding means for your pension
The 2025 LGPS valuations put the England and Wales scheme at 122% funded, with a £72.9 billion surplus. Here is what that means for your pension, and what it does not.
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Told to repay your Armed Forces pension? What the MoD overpayment recovery means for you
This article explains the Armed Forces pension overpayment recovery: why some pensioners are being asked to repay money they were paid in error, what the rules actually say about recovering it, and the routes open…
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The public sector pension bill hit £56bn: what the number really means
Public sector pensions cost a record £56 billion in 2025/26. Here is what that gross figure includes, why unfunded does not mean a deficit, and what the OBR actually projects.
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Capita missed its deadline: what happens now to Civil Service pensions
Capita missed the 30 June 2026 deadline to restore Civil Service Pension Scheme administration, and the PCS union is calling for its contract to be stripped. Here is what happened, the 8 July parliamentary hearing,…
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Public sector pension employer contributions are set to fall in 2027: what it means for members
What’s changed: Updated 28 October 2026: the Budget confirms the fall and cuts departmental budgets by about £16 billion a year to match. Earlier, 7 August: no 2027 NHS rate has been published. Full update…
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What changes for LGPS members on 30 June 2026?
Two new sets of LGPS regulations come into force on 30 June 2026, overhauling how local government pension funds invest and how they are governed. The reassuring headline for members: this changes how the scheme…
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When your pension administrator fails: what the 2026 outsourcing problems mean for public sector members
Capita’s Civil Service Pension problems, the Teachers’ Pension handover delay and a terminated Royal Mail contract show what happens when scheme administration fails. The good news: your pension is safe. Here is what to do…
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Pension inheritance tax from April 2027: an executor’s guide for public sector families
From 6 April 2027, unused pension pots fall into your estate for inheritance tax, and your executors must value them, report them and pay the bill. The reassuring part for public sector families: death-in-service lump…
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What is a Collective Defined Contribution pension? A plain-English guide for workers
A plain-English guide to Collective Defined Contribution (CDC) pensions, the new TPR multi-employer code of practice laid 29 April 2026, the 31 July 2026 regulations commencement, and named early entrants TPT Retirement Solutions and LifeSight.
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The State Pension Age started rising to 67 on 6 May 2026: what it means for public sector pension members
The State Pension Age started rising from 66 to 67 on 6 May 2026 in monthly increments through to 6 March 2028. Here is the birthdate-by-birthdate timing, the interaction with the frozen personal allowance, and…